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Minneapolis v. Columbus: Difference between revisions
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|other_subjects=Business Associations | |other_subjects=Business Associations | ||
|facts=*Minneapolis & St. Louis Railway Co. = "Minneapolis" = plaintiff = a train company based in Minnesota = a company needing iron for its railways = iron buyer | |facts=*Minneapolis & St. Louis Railway Co. = "Minneapolis" = plaintiff = a train company based in Minnesota = a company needing iron for its railways = iron buyer | ||
*Columbus Rolling-Mill Co. = "Columbus" = defendant = an iron manufacturer = iron seller | *Columbus Rolling-Mill Co. = "Columbus" = defendant = an iron manufacturer in Ohio = iron seller | ||
*On December 5, 1879, Minneapolis wrote a letter to Columbus requesting a quote for the price of 2,000 to 5,000 tons of iron rails. | *On December 5, 1879, Minneapolis wrote a letter to Columbus requesting a quote for the price of 2,000 to 5,000 tons of iron rails. | ||
*Columbus offered to sell irons to Minneapolis for $54/ton if such large quantity was needed. | *Columbus offered to sell irons to Minneapolis for $54/ton if such large quantity was needed. | ||
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* | * | ||
* | * | ||
|procedural_history=* Minneapolis sued Columbus in federal district court. | |procedural_history=*Minneapolis sued Columbus in federal district court. | ||
* Minneapolis sought to enforce a December 19th 1879 contract for 2,000 tons of iron rails at $54/ton. | *Minneapolis sought to enforce a December 19th 1879 contract for 2,000 tons of iron rails at $54/ton. | ||
*The trial jury decided in favor of Columbus (iron producer). | |||
|issues=Does an offer have to be accepted [[Contracts/Mirror image rule|according to its exact terms]] in order to form a binding contract? | |||
|arguments=Columbus contended that there was no contract. | |arguments=Columbus contended that there was no contract. | ||
|holding=Yes. An offer must be accepted according to its exact terms in order to form a binding obligation. | |||
|judgment=Affirmed | |||
|case_text_links={{Infobox Case Brief/Case Text Link | |case_text_links={{Infobox Case Brief/Case Text Link | ||
|link=https://www.quimbee.com/cases/minneapolis-amp-st-louis-railway-co-v-columbus-rolling-mill-co | |link=https://www.quimbee.com/cases/minneapolis-amp-st-louis-railway-co-v-columbus-rolling-mill-co | ||
Revision as of 19:48, December 10, 2023
| Minneapolis v. Columbus | |
| Court | Supreme Court of the United States |
|---|---|
| Citation | 119 U.S. 149 |
| Date decided | November 29, 1886 |
Facts
- Minneapolis & St. Louis Railway Co. = "Minneapolis" = plaintiff = a train company based in Minnesota = a company needing iron for its railways = iron buyer
- Columbus Rolling-Mill Co. = "Columbus" = defendant = an iron manufacturer in Ohio = iron seller
- On December 5, 1879, Minneapolis wrote a letter to Columbus requesting a quote for the price of 2,000 to 5,000 tons of iron rails.
- Columbus offered to sell irons to Minneapolis for $54/ton if such large quantity was needed.
- Subsequently, Columbus became un-responsive to several letters from the buyer Minneapolis.
- Finally, on January 19th 1880, Columbus announced that there was no contract.
- File:Minneapolis v. Columbus (SCOTUS 1886).pngTimeline in late 1879 & Jan. 1880
Procedural History
- Minneapolis sued Columbus in federal district court.
- Minneapolis sought to enforce a December 19th 1879 contract for 2,000 tons of iron rails at $54/ton.
- The trial jury decided in favor of Columbus (iron producer).
Issues
Does an offer have to be accepted according to its exact terms in order to form a binding contract?
Arguments
Columbus contended that there was no contract.
Holding
Yes. An offer must be accepted according to its exact terms in order to form a binding obligation.
Judgment
Affirmed
Resources
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